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Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high.
Sebastian Siemiatkowski says Klarna’s fastest risers aren’t traditional engineers — they’re business people who have learned ...
Buy now, pay later provider Klarna took another step toward a U.S. listing last week, reporting progress on its transition ...
Our credit loss performance improved by 46% YoY, reflecting improvements in the precision and accuracy of our models. Credit losses as a % of GMV reduced 56% YoY, highlighting how Klarna continues ...
You don’t turn it around in the quarter, it takes some time,” chief executive Sebastian Siemiatkowski told the Financial ... posed a challenge to the sector’s business model. Klarna ...
Its financial performance has since recovered, and Klarna returned to profitability in late 2023 after being unprofitable since 2019. "Klarna is jumping into a very crowded market for balance-based ...
What a difference a year makes. This time last year Klarna closed a funding round that valued the Swedish-founded fintech at $US46 billion. Now the environment has ...
The AI version of Siemiatkowski appeared in a company video on YouTube, delivering the financial highlights ... AI leaders could overcome these challenges. Klarna has yet to comment further ...
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